Local and state governments are facing millions of dollars in deficits, but some are taking the opportunity to get innovative with how to do more with less.
As the World Economic Forum gets underway in Davos, Switzerland, a senior executive from Goldman Sachs says that tougher bank regulation could trigger the next financial crisis. Stephen Beard has more.
The rating agency S&P has cut Japan's long term credit rating for the first time in nine years. The country has been downgraded to a AA- rating due in part to its debt load.
In a report being published today, Financial Crisis Inquiry Commission concludes that the financial crisis was the result of mismanagement, risk-taking and regulatory failures. Simon Johnson, former chief economist of the IMF, explains.
The Financial Crisis Inquiry Commission has concluded its report into the financial crisis, and is releasing the 545 page document to the public today. Alisa Roth has more on the report.
After analyzing a report from the Congressional Budget Office, the Associated Press found that the Social Security program will pay out more than it takes in this year. Gene Steuerle, a former Treasury Department official, talks with Steve Chiotakis about why the program is running out of money.
Steve Chiotakis talks to Harvard economist Ken Rogoff about the resiliency of the global recovery in light of currency wars and growing concern over trade.
At the end of last year, half the nation's biggest metro areas saw fewer foreclosures. The other half saw more. We explore why foreclosures are falling in some cities.
A year ago today, President Obama pledged to double exports in the next five years. But Congress still hasn't voted on deals inked in 2007 with South Korea, Columbia and Panama.
Facebook is now requiring that app developers and users buy credits for virtual goods from its own system. It may be another sign of a booming virtual economy.
Marketplace Morning Report for Thursday, January 27, 2011